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Now investors must decide whether to back the biggest bet in company history.Shareholders will vote Thursday on the stark choice presented by the board: pay Musk up to $878 billion in company stock or take the risk he will leave – potentially driving down the company’s stock. The decision, experts say, amounts to a referendum on whether traditional corporate-governance rules apply ​to the world's richest man.The board and many investors argue that only Musk can deliver on his promises to transform Tesla into an artificial-intelligence juggernaut delivering millions of self-driving robotaxis and humanoid robots. If Musk hits all the board’s performance goals within a ‌decade, Tesla’s market value will have grown to $8.5 trillion – with Musk owning about a quarter of the stock.That is exponentially more compensation than any other CEO, and Musk would still collect record payouts – tens of billions – if he misses most performance goals. Many investors are not blinking at the eye-watering sums.“If the stock ‌is going to go up sixfold – and that’s a requirement here – then I’m going to make a lot of money,” said Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, a Tesla investor. “Why do I care what kind of money he makes if he’s effecting the change and the vision?”Other major shareholders and executive-pay experts warn that the proposal represents an enormous risk to investors. The package, experts said, flouts governance principles not only because of its size but because the board is so explicitly staking Tesla’s future on one leader, with myriad conflicts of interest, who stands to consolidate unchecked power over the company. Responsible governance, they argue, requires boards to remain open to a competitive market for the best available CEO at any given time.Musk did not respond to requests for comment. A spokesperson for Tesla's board declined to comment.Musk told board members during negotiations ⁠that he might prioritize his many other ventures – including rocket firm SpaceX, artificial-intelligence startup xAI ‌and brain-implant firm Neuralink – unless they came to terms. And board chair Robyn Denholm has repeatedly emphasized the risk of losing Musk in selling shareholders on his compensation.Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said Tesla’s board is being “held over the barrel by a 'superstar CEO.'”AGB und DatenschutzerklärungPrivacy & Cookie SettingsMore InfoS&P 5006,748.55 -47.74 (-0.70%)Dow 3047,041.68 -269.32 (-0.57%)Nasdaq23,193.04 -306.76 (-1.31%)Russell 20002,431.77 -33.01 (-1.34%)VIX19.06 +1.05 (+5.83%)Gold3,993.80 +0.90 (+0.02%)PortfolioMelden Sie sich an, um Ihr Portfolio aufzurufen.AnmeldenTop-GewinnerAPPN Appian Corporation 38.66 +9.33 (+31.81%)HAE Haemonetics Corporation 66.02 +15.30 (+30.17%)BHF Brighthouse Financial, Inc. 65.78 +13.98 (+26.99%)DDOG Datadog, Inc. 194.24 +39.26 (+25.33%)SITM SiTime Corporation 348.28 +69.21 (+24.80%)Top-VerliererELF e.l.f. 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